More Information
RS Credit Check helps you to identify economic risks and potential payment defaults early, to assess them more thoroughly, and to permanently integrate credit information into your business processes.
Executive Guide Whitepaper
Both documents are available in German language only.
Credit checks are more important than ever
The number of corporate insolvencies in Germany has been rising for several years. According to the Federal Statistical Office, German courts registered a total of 24,064 corporate insolvencies – 10.3% more than the previous year and the highest level since 2014. The associated creditor claims amounted to around 47.9 billion euros.
The economic environment remains tense for 2026: The credit insurer Atradius forecasts up to 30,000 corporate insolvencies and a default volume of up to 65 billion euros.
That is why an early and systematic credit check is an important building block for the protection of liquidity and earnings. RS Credit Check brings the necessary information directly into the operational process – before payment terms, credit limits, or larger orders are definitively established.
24.064
Corporate bankruptcies in Germany 2025,
+10.3 % compared to 2024
€ 47.9 billion
Creditor claims from corporate bankruptcies 2025
€ up to 65 billion
Projected default volume 2026
(Atradius forecast)
The current market situation at a glance
KEY FIGURE
VALUE
Corporate bankruptcies in Germany 2025
Federal Statistical Office
24,064;
+10.3 % compared to 2024; highest level since 2014
Creditor claims from corporate bankruptcies 2025
Destatis / Creditreform; different definitions
around 47.9 billion euros officially;
around 57 billion euros according to Creditreform estimate
Creditor claims 2024
Federal Statistical Officet
around 58.1 billion euros
Forecast of the default volume 2026
Atradius forecast, no actual figure
up to 65 billion euros
Forecast of corporate bankruptcies 2026
Atradius forecast, no actual figure
up to 30,000 cases
Bankruptcies of individuals and corporations in Q1 2026
IWH insolvency trend; methodologically not directly comparable to the Destatis annual statistics
4,573 cases; highest quarterly level since the 3rd quarter of 2005
Average coverage ratio of completed corporate insolvencies
Destatis evaluation of older cases concluded by 2015; use only for long-term classification
historically around 3.9% of claims
Average risk of default in the German B2B business
Industry specification; a specific primary source should be added before public use
commonly cited range of 1–3% of annual revenue
Jobs affected by corporate insolvencies in 2025
Destatis / Creditreform; different methodology and definitions
officially 166,466; Creditreform estimate around 285,000
Average payment delay duration in B2B business, 2nd half of 2025
Creditreform payment indicator Winter 2025/26
7.5 days; in 2022 still almost 11 days
Classification: In 2025, according to the Creditreform estimate, more than 2 million euros of at-risk claims were attributed to each insolvency case on average. A single larger claim default can significantly impact liquidity and results. An early, systematic credit check helps to make risks visible before binding payment or credit decisions are made.
Your Benefits
01
Directly in Odoo – without media disruption
Credit checks are triggered directly in the Odoo contact and the results are displayed where sales, purchasing, and finance work daily. Switching to a separate Creditsafe portal is not necessary during the ongoing verification process.
02
Faster and more informed decisions
Evaluate business partners based on current information and derive appropriate payment terms, credit limits, or approvals.
03
Compact overview at a glance
Credit rating, score, risk class, probability of default, and recommended credit limit are clearly compiled.
04
No media disruption
The check is triggered directly in Odoo. Switching between Odoo and a separate Creditsafe portal is not necessary in the daily verification process.
05
Automatic documentation
Conducted credit inquiries are documented with date and result on the business partner and remain traceable.
06
Automatic reminders
Odoo points out missing or outdated credit information – depending on a freely definable order volume or an individually set time frame.
07
Warning before order confirmation
If no current credit information is available, Odoo can visibly indicate this. The process is not generally blocked; the decision remains with the responsible employees.
08
Compare current and previous evaluations
The current and previous assessment are compared. Changes in score, risk class, or credit limit can be quickly identified.
09
Check customers and suppliers in one process
RS Credit Check supports the assessment of different types of business partners. Sales, purchasing, finance, and risk management work with the same process and data basis.
10
Match company master data
After a successful credit check, existing contact data can be matched with the available company information. Deviations are clearly presented and can be adopted if necessary.
11
International credit information
Check companies in numerous European countries according to a standardized process directly in Odoo.
12
Detailed full reports on request
In addition to the compact credit overview, detailed Creditsafe full reports can be requested directly through rising systems.
Product USPs and customer benefits at a glance
PRODUCT USP
YOUR BENEFIT
Seamless integration
No additional specialized application and no system change in the daily review process – the credit check is performed directly from contact, offer, or order.
Automatic threshold reminder
Odoo reminds you as soon as a freely definable order volume – for example, 1,000 euros – is reached and no credit check is available.
Regular updates
A reminder after a freely selectable monthly period reduces the risk of outdated credit information.
Result directly in the business process
Credit assessment, score, default probability, credit limit, and contract limit are compactly available in Odoo.
Historical comparison
Current and previous assessments including score, risk class, and credit limit are directly comparable.
Proactive warning before order confirmation
Odoo visibly warns when no current credit data is available. The order is not automatically blocked; the decision remains with the responsible team.
A process for customers and suppliers
Same process and the same Odoo contact for sales and purchasing – without a separate verification process.
Usage-based billing
Costs are incurred for actually triggered verifications; transactions and token consumption remain traceable.
Exclusive Odoo integration
The Creditsafe integration is offered exclusively through rising systems AG in the DACH region.
Traceable documentation
The date and result of each verification are automatically recorded with the business partner and form a seamless verification history.
What credit information is available?
The compact credit overview provides the most important information for a quick economic assessment directly in Odoo.
Current credit rating
Credit classification
Score
Risk class
Probability of default
recommended credit limit
Date of assessment
Current contract limit
currently recorded contract or credit limit
Historical credit rating
previous credit classification
previous score
previous risk class
previous credit limit
Date of last assessment
Company data
Company name
Address
Commercial register number
Tax ID
By comparing with the previous assessment, changes in the creditworthiness of a business partner can be directly recognized and incorporated into current decisions.
a strong data basis for your decisions
a strong data basis for your decisions
Creditsafe is one of the world's leading and most used providers of credit and business information. According to the provider, more than 500,000 users in over 120,000 companies access Creditsafe data.
The Creditsafe scorecards assess the likelihood that a company will become insolvent within the next twelve months. According to Creditsafe, the model identifies around 70% of later insolvencies when considering the 20% riskiest companies. A uniform rating is available for international assessments, facilitating cross-border comparisons.
Credit information does not guarantee against payment defaults. However, it provides a solid, up-to-date information base for informed business decisions.
430 mn+
Companies
200+
Countries and Territories
120.000+
Corporate Clients
500.000+
Users worldwide
continuously updated, current database
The Creditsafe database at a glance
KEY FIGURE
VALUE
Company database worldwide
more than 430 million companies
Covered countries and territories
more than 200
Users worldwide
more than 500,000
Corporate clients worldwide
more than 120,000
Currency of the database
continuously updated; according to Creditsafe, current daily
Cited data sources
including commercial registers, debtor registers, Federal Gazette, international partner networks, and own payment experience values
Forecast horizon of the scorecard
Probability of default within the next twelve months
Discriminatory power of the scorecard
According to Creditsafe, around 70% of later insolvencies are identified when considering the 20% riskiest companies.
International assessment system
uniform risk classes for cross-border comparability
business development
Revenue according to Creditsafe has more than doubled since 2013
Your benefit: The credit information comes from one of the largest and most widely used databases for business information in the world. This creates a common basis for decision-making for sales, purchasing, finance, and management.
How to use credit information
directly in Odoo
The setup is done in a few steps:
Installation of the free RS Credit Check Client including RS Token Client
Setting up the connection in the RS Token Client
Provision of the rising systems tokens
Selection of the business partner directly in the Odoo contact
Start of the credit check
Immediate display of a compact credit overview directly in Odoo
All credit inquiries are automatically documented and remain traceable at all times.
More than a credit check
RS Credit Check supports the entire credit process.
From the initial assessment to the master data reconciliation to regular updates.
After a successful check, the existing contact data can be matched with the available company information. Discrepancies are clearly presented and can be adopted if necessary.
Additionally, reminders can be set up:
- if there is no credit information available for a business partner and a freely definable order volume is reached or exceeded,
- or when existing credit information is older than a defined period.
For example, it can be specified that Odoo will notify of a pending credit check for an order volume of 1,000 euros. It can also be determined after how many months a re-evaluation is recommended.
Employees are specifically made aware of missing or outdated information. Credit checks thus become a continuous part of the business process.
The Token System
RS Credit Check uses our rising systems tokens.
These are centrally managed through the RS Token Client. All token transactions can be tracked at any time there.
The tokens are not an exclusive Creditsafe query contingent, but can be flexibly used for various solutions of rising systems AG – including RS Credit Check and RS Address Check. More apps are in planning.
For further information, detailed Creditsafe full reports can be requested directly through rising systems if needed.
Usage-based billing
Credit checks are specifically triggered through the rising systems tokens. This allows you to keep the costs of your queries transparent and use your token balance flexibly for various supported rising systems solutions.
International Credit Checks
Evaluate national and international business partners according to the same processes and on the same information basis.
RS Credit Check supports credit information for companies in numerous European countries, including:
Belgium Denmark Germany France Iceland Italy Luxembourg Netherlands Norway Austria Sweden United Kingdom
Other countries are available upon request.
Typical areas of application
Sales
Evaluate new customers during the proposal process and make informed decisions about payment terms.
Purchasing
Assess the economic stability of new or existing suppliers and incorporate credit information into the evaluation of strategic suppliers and economic risks within your supply chain.
Finance
Use credit information as a basis for credit limits, payment terms, and risk assessments.
Management & Risk Management
Create traceable decision-making processes and integrate credit information directly into existing approval and compliance processes.
Compliance, Due Diligence & Risk Management
A structured partner review supports traceable and documented decisions when establishing new business relationships, assessing economic risks, and regularly reviewing existing partners.
This is not only relevant for customers. Suppliers, strategic partners, and other companies within the own value creation and supply chain can also be examined according to a uniform process.
According to the currently applicable Supply Chain Due Diligence Act (LkSG), companies with generally at least 1,000 employees in the country are fundamentally within its scope. Smaller companies can also be indirectly affected if larger business partners request information or evidence from them.
Since credit checks are automatically documented, a traceable history of the conducted examinations is created. This can support internal compliance, audit, and documentation processes and reduce manual documentation efforts.
Important note: A credit check assesses economic risks. It does not replace the human rights and environmental risk analysis required under the LkSG, nor does it substitute for legal advice or other mandatory partner checks. The LkSG regulations are also subject to political and legislative change.
Compliance, Due Diligence & Risk Management
A structured partner review supports traceable and documented decisions when establishing new business relationships, assessing economic risks, and regularly reviewing existing partners.
This is not only relevant for customers. Suppliers, strategic partners, and other companies within the own value creation and supply chain can also be examined according to a uniform process.
According to the currently applicable Supply Chain Due Diligence Act (LkSG), companies with generally at least 1,000 employees in the country are fundamentally within its scope. Smaller companies can also be indirectly affected if larger business partners request information or evidence from them.
Since credit checks are automatically documented, a traceable history of the conducted examinations is created. This can support internal compliance, audit, and documentation processes and reduce manual documentation efforts.
Important note: A credit check assesses economic risks. It does not replace the human rights and environmental risk analysis required under the LkSG, nor does it substitute for legal advice or other mandatory partner checks. The LkSG regulations are also subject to political and legislative change.
Legal context at a glance
KEY FIGURE / STATUS
VALUE / CLASSIFICATION
LkSG threshold since January 1, 2023
companies with generally at least 3,000 employees in the country
LkSG threshold since January 1, 2024
reduced to generally at least 1,000 employees in the country
Estimated number of directly affected companies from 2024
around 5,000; estimate, no official exact survey
Possible fines under applicable LkSG
depending on the violation up to 8 million euros; for companies with more than 400 million euros in average annual revenue, in certain cases up to 2% of the average global annual revenue
Current legal developments
a government draft to amend the LkSG is currently in parliamentary procedure; the EU Supply Chain Directive CSDDD is scheduled to be implemented into national law by July 26, 2027.
Importance for companies: Regardless of further legal developments, an automated audit history facilitates the proof of when economic information about a business partner was obtained and included in a decision. It can thus support internal policies, credit insurance requirements, audits, and voluntary control processes. However, it is only one component of a comprehensive business partner and risk analysis.
Why RS Credit Check?
RS Credit Check integrates current economic information directly into Odoo and helps companies make decisions based on up-to-date and traceable information. Automatic reminders reduce the risk of necessary audits being forgotten. The historical comparison makes changes visible, while the automatic documentation ensures transparency.
This transforms the individual credit check into a continuous process – from the identification and assessment of the business partner to documentation and regular updates of the information.
The six strongest arguments at a glance
01
Identify risks early:
Credit information is available before payment terms, credit limits, or major orders are finalized.
02
Leverage a robust data foundation:
More than 430 million company records from over 200 countries and territories.
03
Work directly in Odoo:
Checks, reminders, results, and documentation are integrated into existing business processes.
04
Embed checks systematically:
Automatic alerts based on order value and the age of the most recent assessment.
05
Assess customers and suppliers consistently:
One process for sales, procurement, finance, and risk management.
06
Pay based on usage:
Costs are incurred only for credit checks performed and remain transparent through the token system.
Get to know us now
We would be happy to show you RS Credit Check in a personal live demo and advise you without obligation on the application possibilities in your Odoo environment.
Frequently Asked Questions about RS Credit Check
What is RS Credit Check?
RS Credit Check is an Odoo extension from rising systems that allows credit information and business reports from Creditsafe to be retrieved, displayed, and documented directly in the Odoo contact.
What advantages does RS Credit Check offer?
The solution reduces media breaks, accelerates decisions, automatically documents inquiries, and reminds of missing or outdated evaluations. Additionally, current and past credit information can be compared.
For which companies is RS Credit Check suitable?
The extension is suitable for companies that regularly assess customers, suppliers, or other business partners and want to integrate credit information directly into their Odoo processes.
How does the credit check work?
The desired business partner is selected in the Odoo contact. The check is initiated there; subsequently, the compact credit overview appears directly in Odoo.
What credit information is displayed?
Depending on the available information, credit rating, score, risk class, probability of default, recommended credit limit, contract limit, and evaluation date are displayed, among other things. Additionally, historical evaluation values and company master data are available.
How should score, risk class, and credit limit be interpreted?
Score and risk class summarize the statistically determined default risk of a company. The probability of default refers to a defined forecast period, while the recommended credit limit provides guidance for potential financial engagement. The values should always be considered together and in the context of the specific business relationship.
How current is the credit data used?
Creditsafe describes its company database as continuously updated and up-to-date. The date of the respective evaluation is displayed in RS Credit Check. Additionally, Odoo can indicate if an existing evaluation is older than the period you have specified.
Does a positive credit rating completely prevent payment defaults?
No. Credit information is a well-founded decision-making aid, but not a guarantee of future payment ability. It should be evaluated together with order volume, payment behavior, existing experiences, and internal approval rules.
What does the recognition rate of around 70% mentioned by Creditsafe mean?
According to Creditsafe, the scoring model identifies about 70% of later insolvencies when considering the 20% riskiest companies. The metric describes the statistical separation power of the model and does not mean that there is a 70% predictive certainty for a single assessed company.
Can I also check international companies?
Yes. RS Credit Check supports credit information for companies in numerous European countries. Additional countries are available upon request.
Can credit information be updated regularly?
Yes. You can specify after what period Odoo should indicate an outdated assessment.
Are credit checks performed automatically?
The paid credit inquiry is triggered specifically by a user. However, Odoo can automatically indicate a missing or outdated assessment as soon as the specified conditions are met.
Can order volume and update period be set individually?
Yes. Both the threshold for order volume and the period until the indication for a re-evaluation can be adjusted to your company's internal requirements.
Is an order automatically blocked without a current credit check?
No. RS Credit Check can visibly warn of missing or outdated credit information. The order is not automatically blocked; the decision remains with the responsible employees and the internal approval processes.
Are credit checks documented?
Yes. Conducted inquiries are automatically documented with the business partner and remain traceable.
Does a credit check meet the requirements of the LkSG?
No, not alone. The solution creates a uniform verification process and a traceable history of economic assessments. This documentation can support internal control, audit, and evidence processes. However, a credit check does not replace the human rights and environmental risk analysis according to the LkSG, nor does it substitute for legal advice or other mandatory business partner checks.
Are international credit ratings comparable?
Creditsafe uses a uniform rating system for international company information to better compare companies from different countries. Country-specific economic and legal frameworks should still be considered in the decision.
Can contact details be updated?
After a successful check, existing contact data can be matched with the available company information. Discrepancies are displayed and can be adopted if necessary.
Who is Creditsafe?
Creditsafe is an international provider of credit and business information. According to its own statements, the database includes more than 430 million company data from over 200 countries and territories.
Do I need a separate Creditsafe portal for daily checks?
No. The credit check is triggered directly in Odoo and the result is displayed there.
How is the right company found?
The search and selection are based on the company data available in the Odoo contact. Before triggering the check, the appropriate business partner can be selected.
For which Odoo versions is RS Credit Check available?
RS Credit Check is available for Odoo 18 and Odoo 19.
How is the billing done?
Credit inquiries are triggered via rising systems tokens. The use is therefore transaction-based and can be tracked in the RS Token Client.
What is the RS Token Client?
The RS Token Client provides the connection and centrally manages the token balance as well as the associated transactions.
Can the tokens also be used for other solutions?
Yes. The rising systems tokens can be used for various supported solutions, including RS Credit Check and RS Address Check.
Can detailed Creditsafe reports be requested?
Yes. Further comprehensive Creditsafe reports can be requested directly through rising systems if needed.
How complex is the implementation?
After installing the RS Credit Check Client and the RS Token Client, the connection is set up and the tokens are provided. Subsequently, the credit check can be used directly in the Odoo contact. The specific effort depends on your Odoo environment.
How can I get to know RS Credit Check?
Schedule a personal live demo. rising systems will show you the features and provide non-binding advice on the application possibilities in your Odoo environment.
Status of the external information: August 17, 2026.
- Federal Statistical Office (Destatis): Press releases on corporate insolvencies 2025/2026
- Leibniz Institute for Economic Research Halle (IWH): Insolvency trend Q1 2026
- Creditreform: Payment indicator Germany Winter 2025/26; Insolvency statistics 2025
- Atradius: Press release on receivables defaults and insolvency forecast 2026
- Creditsafe (creditsafe.com/de/de): Information on database size, country coverage, scorecard predictive power, company growth
- Federal Ministry of Labor and Social Affairs (BMAS) / IHK Frankfurt / gesetze-im-internet.de: Information on thresholds and fines of the LkSG as well as the ongoing legislative amendment
Note: Insolvency and bad-debt figures vary depending on the source and scope (official statistics vs. estimates by credit agencies). For external communications, the most recent source should be verified again before publication, particularly as the German Supply Chain Due Diligence Act (LkSG) is currently undergoing changes.